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320 Prospect Trail

320 Prospect Trail, Jonesboro, AR 72405
Property in Craighead
Sold Jan 12, 2017
$184,500
$147,600 by First Security Bank
Mortgage Due Jan 12, 2047
Sold Feb 12, 2016
$29,000
$140,000 by First Security Bank
Mortgage
Local assessors in Jonesboro, AR have categorized 320 Prospect Trail as a residential type of property. The property's lot size has been calculated to be 9,148 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 320 Prospect Trail has a total of 1,810 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 483 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of fiberglass. Lots of brick veneer were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 320 Prospect Trail was last sold in Jan 10, 2017 for $184,500. According to our calculations, that's $101.93 per sqft. Prior to that sales transaction, the property was sold for $29,000 in Feb 10, 2016. Current property owners are expected to pay $1,337 in taxes per year. The property on 320 Prospect Trail was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $44,736. To break that down further, the land itself was valued at $10,000. While improvements to the property were assessed at a total of $34,736. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,810
  • Building Area: 1,810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,810
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROSPECT FARMS PHASE III
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PROSPECT FARMS PHASE III

Ownership

  • Current Owner : WEST ROBERT
  • Previous Owner : JAYNES DENNIS
  • Previous Owner 2: JAYNES REGINA
  • Owner Before Previous Owner: P & J DEV CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nettleton School District
  • School Tax School District: NETTLETON
  • School Tax District Code 2: JONESBORO
  • Census Tract: 000502

Geography

  • Subdivision Phase Number: III
  • Parcel: 01-144142-28400
  • Lot: 93
  • Meridian: SEC 14 TWN 14 RNG 04
  • Municipality: NETTLETON CITY
  • Latitude: 35.8439
  • Longitude: -90.6391

    Address

  • Full Address: 320 Prospect Trl
  • Address - House Number: 320
  • Address - Street Name: Prospect
  • Address - Suffix Type: Trl
  • State: AR
  • City Name: Jonesboro
  • Carrier Code: R034
  • 4-Digit Zip Code: 5145
  • Zip Code: 72405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,337
  • Tax Rate Code Area: NE JB

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 282,423
  • High Value: 340,643
  • Low Value: 224,203

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $147,600
  • First Open Lien Mortgage Lender: FIRST SECURITY BANK
  • First Open Lien Mortgage Recording Date: Jan 12, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $147,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 12, 2047

    Market Valuation

  • Market Total Value: $223,680
  • Market Land Value: $50,000
  • Market Improvement Value: $173,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,736
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $34,736

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 10, 2017
  • Current Sale Recording Date: Jan 12, 2017
  • Current Sale Transaction ID: 1952728229
  • Current Sale Price: $184,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: JB2017R-000550
  • Previous Sale Recording Date: Feb 12, 2016
  • Previous Sale Contract Date: Feb 10, 2016
  • Previous Sale Amount: $29,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SECURITY BANK
  • First Mortgage Transaction Date: Jan 12, 2017
  • First Mortgage Loan Amount: $147,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SECURITY BANK
  • Previous Mortgage Transaction Date: Feb 12, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 320 Prospect Trail located in?
The 320 Prospect Trail is a located in the neighborhood of Craighead in Jonesboro, Jonesboro.
What is the average sales price for listings in 320 Prospect Trail?
The average sales price for units in 320 Prospect Trail is $0 currently.

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